Bloodbath in Cryptocurrency Market Continues, Bitcoin Slips Below $5000

Miners on both sides of the Bitcoin Cash divide are currently running at significant losses after the hard fork of November 15, crypto experts from BitMex exchange have claimed.

With a view to strengthen ties with the Chinese government, cryptocurrency exchange Huobi has set up its own Communist Party branch.

In case the historical Ethereum price level of $140 hold, traders can initiate buy setups in anticipation for bullish trend.

The crypto markets entered a major correction on Monday while losing $25 billion market cap for the second time in last one week.

The programs designed in the partnership will offer entrepreneurs and blockchain network founders access to expertise and resources they need to establish blockchain networks. 

Check out the list of 15 most prominent crypto bulls who, holding tons of world’s cryptocurrencies, are making the history in the field.

Bitcoin is continuing its way to the bottom having reached a new lowest mark since October 18, 2017. It is believed that it will fall further.

After last week’s sell-off the bitcoin price found support at around $5,500 but that has now eroded, with bitcoin falling some 3% over the last 24 hours to under $5,340—its lowest price since October last year. Is it a turn for XRP to become the first now?

In case the bears were able to break down side the accumulation territory of $5,419 the Bitcoin price will have its low at $5,336. If the accumulation territory of $5,419 holds the bulls may take over the market.

Binance CEO Changpeng “CZ” Zhao took to Twitter on Sunday to send out a message to the XRP community regarding their constant talking of XRP as a base currency for the leading crypto exchange.